I have been studying stocks for the past couple of months (6 months) to be precise, and have been learning different types of chart techniques. Have been looking at the Asian Paints stock for study purposes and this is something that caught my eye. If we consider the uptrend that the stock has been doing and, look at the short term downtrend, can this be...
IT MAY PERFORM IN SHORT TERM.AS WELL AS GOOD FOR LONG TERM .SO WATCH IT
SELL ICICIBANK MAKE AVERAGE
NSE:HCLTECH ON DAILY CHART,FORMED A FLAG PATTERN PRICE IS GOING DOWN ON DECLINING VOLUME.BEARISH CANDLES HAVE SOME VOLUMES THAN BULLISH CANDLES PRICE IS ALSO CURRENTLY TAKING SUPPORT ON TREND LINE NOT CLEAR WHETHER PRICE WILL MOVE HIGHER OR NOT COZ OF VOLUME ACTIVITY INSITE FLAG PATTERN IF INCASE PRICE BREAKS 872.5 ON EXPANDING VOLUME ,THEN BULLISH...
BPCL CMP 412.85 Resistance - 435, 545 Support - 370, 325 , 310 BPCL may give a news-based move tomorrow. Although stock already discounted earlier when Saudi Aramco declined to bid in the stock in its disinvestment, Govt closed the date for stake selling today and no major investor has shown any interest in bidding. We can again expect an immediate down-move...
Havells chart is providing lots of hint. Its suggesting an imminent correction looming over Havells. Also this stock is major beneficiary of Diwali Consumer Durable Sale rush. Just waiting for ZETA SCANNER to provide sell signal and buy pputs and hold till the next buy signal comes or else it swells in good profit.
Voltas being the primary beneficiary of Diwali Consume Durables Rush has grown with big green candles. So chart suggests the growth leg is complete now. Just waiting for Sell Signal by Zeta Scanner and lets not miss this opportunity to buy Puts... :)
1. bullish trend 2. buying near 410 will be a good idea for further up move 3.buying only if support is being formed after a retracement
hdfc life is a great stock in it's sector it has huge potenials ..!! happy trading
NSE:RELIANCE 1 HOUR CHART , PRICE CURRENTLY SUPPORT @ 50 mvwap &,PREVIOUS GAP (1960-1974). IF PRICE MOVES ABOVE 100 MA WITH VOLUME EXPANSION,THEN NEXT RESISTANCE IS AT 2280 (POSSIBLY FORM A HIGHER HIGH/HIGHER LOW FORMATION) IF PRICE FALLS BELOW 1916,THEN NEXT SUPPORT IS @ 1795.